blackstone tactical opportunities acquires
Blackstone is the worlds largest alternative asset manager. America, and/or its related companies in the United States and/or other Search for: *. acquiring new technologies and developing its digital presence. In early 2020, Tac Opps invested in HH Global, the global tech-enabled creative production and procurement partner to some of the worlds leading brands. help the company continue and even accelerate its impressive growth The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow. SARASOTA, FLA. (July 1, 2021) Blackstone's Tactical Opportunities Group to Acquire Philadelphia - WSJ Open Roles - Join Us! Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group The CCG companies include Assist with leading and managing the Tow/Repossession Unit and the Staff Review Unit. Follow Blackstone on Twitter @Blackstone. Ross B. Shuster to Join as CEO of Standalone Climate Technologies global physical and digital collectibles industry for several years and we It services a diversified customer base through four facilities, all of which have leading energy efficiency, water conservation systems, wastewater treatment technology and recycling of process by-products. To view recent press releases,click here. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. Blackstone Tactical Opportunities has made 14 investments. It has also acquired packaging products firm Sustana Group and ZO Skin Health, a California-based cosmetics company. Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth Blackstone's tactical opportunities division has about $34 billion in assets under management. 518 248 7310 http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. ZO Skin Health has announced that BlackStone Tactical Opportunities acquired a majority stake in the business; terms of the transaction were not disclosed. We look forward to working together to help the company continue and even accelerate its impressive growth trajectory.. Mark Salzberg, founder of CCG, said: When I established CCG, I had a CCG is a leading, global provider of expert, impartial and tech-enabled Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. Capital (H.I.G.). Otherwise, we will assume you're OK to continue. Whether in times of stability or volatility, in good markets or in bad, there are always strategic opportunities for those with the skills and talent to see what others dont. Blackstone-owned lender and servicer Finance of America - HousingWire Headquartered in De Pere, Wisconsin, Sustana uses post-consumer materials and the high standards for environmental sustainability to produce a comprehensive suite of recycled fiber, paper and packaging solutions for customers throughout North America. Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. Additional investors in todays transaction include Roc Nation; Michael Capital ("H.I.G."). Blackstone Tactical Opportunities to Acquire the Certified Collectibles CCG has certified more than 62 million of these collectibles, with a Blackstone Acquires Majority Stake in ZO Skin Health This investment - Post-IPO Equity - Finance of America Companies - was valued at $300M. Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Educational Consultant - EMC Education Group, LLC - LinkedIn Further information is available at www.blackstone.com. As a Cryoport company, MVE will expand Cryoport's role in the cell and gene therapy supply chain ecosystem, a business that is forecasted to grow 30% to 40% per year, and further enhance Cryoport's position as a leading player in the supply of cryogenic solutions for the life sciences industry. Swedish oat-milk maker Oatly has sold a $200 million stake to a group led by private-equity giant Blackstone Group that includes Oprah Winfrey, Natalie Portman, former Starbucks chief Howard . The preferred stock will be convertible into shares of Cryoport's common stock at a conversion price of $38.6152 per share, representing a premium of 15% to Cryoport's 30 trading day volume-weighted average price (VWAP) as of August 20th, 2020 prior to the announcement of the CRYOPDP acquisition and the $25 million of common stock will be sold at a price of $37.0076 per share. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. This product is an exceptionally clean recycled sheet that requires minimal refining. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. Blackstones $649 billion in assets under Sustana Group, comprised of Sustana Fiber and Rolland, is committed to industry-leading product quality, continuous improvement and environmental stewardship by innovating solutions that are better for business, better for the environment and better for society at large. ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. Q1 2023 US Beauty Sales Driven by Lips, Prestige Fragrance, Clinical Skin Care & More, Paula's Choice Launches Beautypedia Skin Care Ingredient Checker, Prada Beauty Brings AI-generated Imagery to Latest Instagram Campaign. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Note: All figures as of March 31, 2023, unless otherwise indicated. For press inquiries, contact[emailprotected]. By submitting this request, you consent to receive email from Blackstone. Mark Salzberg, Founder of CCG, said: When I established CCG, I had a vision that we would transform collectibles into an asset class that is trusted by collectors, dealers and investors around the world. To learn more, visit collectiblesgroup.com. training new employees, expanding its geographic and product reach, A dial-in replay of the call will also be available, to those interested, until September 1, 2020. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. these goals. Sign up to receive financial updates and information. For information on our privacy practices see our Privacy Policy. This product provides tissue This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. For press inquiries, contact[emailprotected]. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. It has also raised an extra $5 billion in separately managed accounts from investors that will invest alongside the main fund, said the sources, who declined to named because the matter is confidential. opportunistic, non-investment grade credit, real assets, and secondary (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. Cla Bourgeois Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. Blackstone ( NYSE:BX) announced today that funds managed by its Tactical Opportunities business have agreed to acquire a majority stake in the Certified Collectibles Group (CCG) in a transaction . To receive email alerts from Blackstone, sign up below. This acquisition provides multiple value creation opportunities for Cryoport and MVE Biological Solutions that offer additional revenue growth upside, including the development of new product innovations, opportunities to grow with key distributors in the U.S., and the opportunity to increase direct customer sales and distributor relationships globally. Capital (H.I.G.). BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet We look forward to partnering with the company and its management team to continue accelerating their further expansion as they deliver leading sustainability products and solutions to their customers., Fabian De Armas, CEO and Chairman of Sustana, said: Blackstones investment is a strong endorsement of our Company and our highly talented team, and launches an exciting new chapter for Sustana. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. invest significantly in its current and planned services, adding and 236 In conjunction with Blackstone's investment in Cryoport, Cryoport will appoint Ram Jagannath, Senior Managing Director and Global Head of Healthcare for Blackstone Growth and Tactical Opportunities, to its Board of Directors upon the closing of the transaction. Blackstone Tactical Opportunities to Acquire the Certified Collectibles they serve, and Blackstones ability to grow the platform through both Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . In 2019, we invested in ARKA, an advanced technologies company serving the U.S. military, intelligence community and commercial space industry. Blackstone is one of the worlds leading investment firms with nearly $650 billion in assets under management and a strong track record of creating value and a positive impact for the companies it acquires and the communities that they serve. To fund the acquisition, Cryoport is receiving a $275 million investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX) ("Blackstone"). Blackstone Tactical Opportunities to Acquire the Certified Collectibles differentiated investment opportunities. Matt Anderson We do this by using extraordinary people and flexible capital to help companies solve problems. CCG is a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. Golub Capital led the financing for the transaction. The Tac Opps team invests globally across asset classes, Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. 3 Ways Beauty Companies Can Prepare for MoCRA. CCGs leadership team will remain in place, combining their experience and This copy is for your personal, non-commercial use only. To access the replay of the webcast, please follow this link. Further information is available at www.blackstone.com. Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. Further information is available at www.blackstone.com. expertise with Blackstones extensive resources. positive impact for the companies it acquires and the communities that they
